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Two medicines, side by side

Olanzapine vs lurasidone

Olanzapine and lurasidone are both labeled for depression, bipolar disorder and schizophrenia. Drugs@FDA records approvals of olanzapine since 1996 and of lurasidone since 2010. Pharmacies paid $0.147 per olanzapine 20 mg tablet and $0.142 per lurasidone HCl 20 mg tablet (NADAC, October 7, 2026). How each works, in its label's words: Olanzapine, “The mechanism of action of olanzapine, in the listed indications is unclear.”; Lurasidone, “The mechanism of action of lurasidone in the treatment of schizophrenia and bipolar depression is unclear.”

Check it at the source: the olanzapine FDA label on DailyMed (effective March 5, 2026); the lurasidone FDA label on DailyMed (effective January 31, 2025).

Highlights of the olanzapine record

Olanzapine (Zyprexa) · label of March 5, 2026

Boxed warning

INCREASED MORTALITY IN ELDERLY PATIENTS WITH DEMENTIA-RELATED PSYCHOSIS Elderly patients with dementia-related psychosis treated with antipsychotic drugs are at an increased risk of death. Analyses of seventeen placebo-controlled trials (modal duration of 10 weeks), largely in patients taking atypical antipsychotic drugs, revealed a risk of death in drug-treated patients of between 1.6 to 1.7 times the risk of death in placebo-treated patients.

Used for

From the label: indications

Olanzapine is an atypical antipsychotic indicated: As oral formulation for the: · Treatment of schizophrenia. ( 1.1 ) · Adults: Efficacy was established in three clinical trials in patients with schizophrenia: two 6-week trials and one maintenance trial. ( 14.1 ) · Adolescents (ages 13-17): Efficacy was established in one 6-week trial in patients with schizophrenia ( 14.1 ). […]

On the market

Earliest approval on file
September 30, 1996
Generic labelers
43 labelers
Pharmacy cost
$0.147 per tablet

Supply and safety

Shortage
No current entry
Recalls
14

Highlights of the lurasidone record

Lurasidone (Latuda) · label of January 31, 2025

Boxed warning

INCREASED MORTALITY IN ELDERLY PATIENTS WITH DEMENTIA-RELATED PSYCHOSIS; and SUICIDAL THOUGHTS AND BEHAVIORS WARNING: INCREASED MORTALITY IN ELDERLY PATIENTS WITH DEMENTIA-RELATED PSYCHOSIS; and SUICIDAL THOUGHTS AND BEHAVIORS See full prescribing information for complete boxed warning. Elderly patients with dementia-related psychosis treated with antipsychotic drugs are at an increased risk of death. LATUDA is not approved for the treatment of patients with dementia-related psychosis ( 5.1 ).

Used for

From the label: indications

LATUDA is indicated for: Treatment of adult and adolescent patients (13 to 17 years) with schizophrenia [see Clinical Studies ( 14.1 )]. Monotherapy treatment of adult and pediatric patients (10 to 17 years) with major depressive episode associated with bipolar I disorder (bipolar depression) [see Clinical Studies ( 14.2 )]. […]

On the market

Earliest approval on file
October 28, 2010
Generic labelers
28 labelers
Pharmacy cost
$0.142 per tablet

Supply and safety

Shortage
No current entry
Recalls
2

Source: FDA drug labels via openFDA (Olanzapine label of March 5, 2026, Lurasidone label of January 31, 2025); NDC Directory, Drugs@FDA, NADAC, FDA shortages and recalls (October 8, 2026)

How do olanzapine and lurasidone differ on the record?

How each works, in its label's words: Olanzapine, “The mechanism of action of olanzapine, in the listed indications is unclear.”; Lurasidone, “The mechanism of action of lurasidone in the treatment of schizophrenia and bipolar depression is unclear.”

Both are in FDA's class atypical antipsychotics.

Both labels carry a boxed warning; the records quote them.

Generics: olanzapine since 2011; lurasidone since 2019 (Drugs@FDA).

OlanzapineLurasidone
Labeled forSchizophrenia, Bipolar disorder, DepressionSchizophrenia, Bipolar disorder, Depression
Pharmacologic classAtypical AntipsychoticAtypical Antipsychotic
How it works (label)The mechanism of action of olanzapine, in the listed indications is unclear. However, the efficacy of olanzapine in schizophrenia could be mediated through a combination of dopamine and serotonin type 2 (5HT 2 ) antagonism.The mechanism of action of lurasidone in the treatment of schizophrenia and bipolar depression is unclear.
Half-life (label)Its half-life ranges from 21 to 54 hours (5th to 95th percentile; mean of 30 hr), and apparent plasma clearance ranges from 12 to 47 L/hr (5th to 95th percentile; mean of 25 L/hr).n/a
Earliest approval on file (Drugs@FDA)September 30, 1996October 28, 2010
First generic approvedOctober 24, 2011January 3, 2019
Generic labelers (NDC)43 labelers28 labelers
Pharmacy cost (NADAC, each one's most listed form; strengths differ)$0.147 per tablet (Olanzapine 20 mg tablet)$0.142 per tablet (Lurasidone HCl 20 mg tablet)
12-month price change-5%-28%
Boxed warningYesYes
Shortage nowNo current entryNo current entry
Recalls recorded142
FAERS reports (a report is not proof of cause; counts follow how widely a medicine is used)107,88120,803
DEA schedulenonenone

Source: Drugs@FDA, FDA NDC Directory, CMS NADAC of October 7, 2026, FDA shortages and recalls, FAERS via openFDA (FDA files October 8, 2026)

Do their labels mention each other?

Lurasidone label, warnings and precautions

Stroke in Elderly Patients with Dementia-Related Psychosis In placebo-controlled trials with risperidone, aripiprazole, and olanzapine in elderly subjects with dementia, there was a higher incidence of cerebrovascular adverse reactions (cerebrovascular accidents and transient ischemic attacks), including fatalities, compared to placebo-treated subjects.

What both labels say about taking them together

Source: FDA drug labels via openFDA

What next?

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